1901 Orchid Avenue

    Los Angeles (City), CA 90068
    • $13,850,000
    • STATUS: Active
    • ON SITE: 95 days
    • MLS #: 19499986
    UPDATED: 34 min ago
    $13,850,000
    • 18
      BEDS
    • 0.35
      ACRES
    • 15
      BATHS
    • 0
      1/2 BATHS
    • 10,573
      SQFT
    • $1,310
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1929
    County:

    School Ratings & Info

    Description

    Las Orquideas, a 9-unit Spanish Revival Village by Architect Wilfred Buckland, 1929. Howell + Padgett, Restoration, 2019. Nestled in the Hollywood foothills, like the Andalusian hill towns that inspired it, Las Orquideas is a collection of 5 villa-like structures housing nine unique residences and 1 flex space. Buckland, Cecil B. DeMille's art director and the original owner, designed the property for himself as a replica of a Spanish hill town, with ascending walkways, connecting gardens, and intimate plazas. The entire complex has been immaculately restored. If there was ever a pride of ownership asset, Las Orquideas is it. The 9-residence compound offers the style, character and rich details of a landmark historic property with the modern amenities of new construction. This Mills Act building can be delivered fully vacant, providing endless opportunity.

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    Based on information from CARETS as of 2019-11-18T21:45:57.497. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.deirdrecoitandassociates.com/homes/97953804

    1901 Orchid Avenue Los Angeles (City), CA 90068

    • Price: $13,850,000
    • Status: Active
    • Updated: 34 min ago
    • MLS #: 19499986
    18
    Beds
    15
    Baths
    0
    ½ Baths
    0.35
    Acres
    10,573
    SQFT
    $1,310
    $/SQFT
    1929
    Built
    Neighborhood:
    Hollywood (C20)
    County:
    Los Angeles
    Area:
    Hollywood (C20)
    Property Description
    Las Orquideas, a 9-unit Spanish Revival Village by Architect Wilfred Buckland, 1929. Howell + Padgett, Restoration, 2019. Nestled in the Hollywood foothills, like the Andalusian hill towns that inspired it, Las Orquideas is a collection of 5 villa-like structures housing nine unique residences and 1 flex space. Buckland, Cecil B. DeMille's art director and the original owner, designed the property for himself as a replica of a Spanish hill town, with ascending walkways, connecting gardens, and intimate plazas. The entire complex has been immaculately restored. If there was ever a pride of ownership asset, Las Orquideas is it. The 9-residence compound offers the style, character and rich details of a landmark historic property with the modern amenities of new construction. This Mills Act building can be delivered fully vacant, providing endless opportunity.
    Exterior Features

    Building Structure Style Spanish Covered Spaces Total 14 Parking Features Private Garage Parking Spaces Total 28 Parking Type GarageGarage Is DetachedParking For Guests Patio Features AwningPatio OpenTile Roofing Tile View City ViewLandmark ViewTree Top View

    Interior Features

    Appliances DishwasherDryerGarbage DisposalRefrigeratorWasher Cooking Appliances Range HoodMicrowaveRange Cooling Type Air ConditioningCentral A/C Fireplace Rooms Living Room Fireplace YN Yes Floor Material Hardwood Heating Type Central Furnace Kitchen Features Gourmet Kitchen Total Floors 3 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Unfurnished Unit Furnished08 Unfurnished Unit Furnished09 Unfurnished Unit Furnished10 Unfurnished Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 2.0 Unit Number Of Bath05 2.0 Unit Number Of Bath06 1.0 Unit Number Of Bath07 2.0 Unit Number Of Bath08 1.0 Unit Number Of Bath09 3.0 Unit Number Of Bath10 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 2 Unit Number Of Bed03 1 Unit Number Of Bed04 3 Unit Number Of Bed05 2 Unit Number Of Bed06 2 Unit Number Of Bed07 2 Unit Number Of Bed08 2 Unit Number Of Bed09 3 Unit Number Of Bed10 0

    Property Features

    Adjusted Gross Income 630000.00 Association Name Las Orquideas Cap Rate 4.78 Country United States Of America Expense Total Annual 46000.00 Gross Operating Income 708000.00 Gross Rent Multiplier 19.76 Hoa YN N Legal Disclosures Take Property As Is Listing Terms Submit Lot Size Source Public Records Net Operating Income 662000.00 Number Of Buildings 5 Property Condition Updated/Remodeled Security Safety Card/Code AccessGated Community Special Conditions Standard Sale Square Footage Source Developer Tenant Pays ElectricityGas Unit Monthly Rent01 6500.00 Unit Monthly Rent02 0.00 Unit Monthly Rent03 0.00 Unit Monthly Rent04 8500.00 Unit Monthly Rent05 0.00 Unit Monthly Rent06 0.00 Unit Monthly Rent07 6500.00 Unit Monthly Rent08 0.00 Unit Monthly Rent09 8000.00 Unit Monthly Rent10 0.00 Unit Projected Total Monthly Rent01 5200.00 Unit Projected Total Monthly Rent02 6500.00 Unit Projected Total Monthly Rent03 5200.00 Unit Projected Total Monthly Rent04 7600.00 Unit Projected Total Monthly Rent05 6850.00 Unit Projected Total Monthly Rent06 6200.00 Unit Projected Total Monthly Rent07 6750.00 Unit Projected Total Monthly Rent08 6200.00 Unit Projected Total Monthly Rent09 7800.00 Unit Total Monthly Rent01 5200.00 Unit Total Monthly Rent02 6500.00 Unit Total Monthly Rent03 5200.00 Unit Total Monthly Rent04 7600.00 Unit Total Monthly Rent05 6850.00 Unit Total Monthly Rent06 6500.00 Unit Total Monthly Rent07 6750.00 Unit Total Monthly Rent08 6500.00 Unit Total Monthly Rent09 7800.00 Unit Total Monthly Rent10 0.00 Unit Type01 9 Units Total In Complex 9 Zoning Lar2

    Listing provided courtesy of Barry Gray DRE#01358622 of Deasypennerpodley and Mike Deasy CA DRE# 00542204 of Deasypennerpodley.


    Based on information from CARETS as of 2019-11-18T21:45:57.497. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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